City Accra Financial News

25.12 / 08:51

markets UPS Waters country politician Gold is booming. So is the dirty business of digging it up

Subscribe to enjoy similar stories. “It keeps getting worse and worse," sighs Camry Tagoe, an activist in Accra, the capital. “If you look at Google maps, Ghana has turned from green to brown." Over the past month Mr Tagoe has helped organise protests across the city that call for an end to “galamsey", or wildcat gold mining.

25.03 / 12:09

Ghana's central bank leaves key interest rate unchanged

ACCRA (Reuters) — Ghana's central bank kept its key interest rate at 29% in a decision announced on Monday, saying inflation risks were still on the upside and required close monitoring.

18.07 / 13:31

Waves Twitter Waters Ball Platform Twitter laid off most of its workers in Africa last year. They say they've been ignored and left without severance

Former Twitter employees in Ghana, who were laid off in November, have been left without severance pay and have not heard from the company for three months, sources told CNBC.

29.06 / 23:17

business Government Blockchain Adoption Africa Bitcoin Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs

While many investors in the West may look to crypto to speculate the next biggest trend, blockchain technology is actually solving “real-world problems” in Africa such as hyperinflation and "corruption," executives told Cointelegraph.

06.12 / 15:37

Lightning Network lightning Bitcoin Cross-border Strike partners with Bitnob to facilitate cross-border payments into Africa

The Lightning Network has struck Ghana, Kenya and Nigeria. During a conference in Ghana, Strike CEO Jack Mallers announced that the Bitcoin (BTC) payments company has partnered with the mobile app Bitnob to facilitate payments into Africa.

28.09 / 16:41

CBDC regulation Africa inclusion Financial Bank of Ghana to foster financial inclusion through CBDC project

As more countries make progress in terms of developing and implementing central bank digital currencies (CBDCs), Ghana’s central bank aims to keep up and complete its research on CBDCs with the goal of financial inclusion according to Kwame Oppong, the head of fintech and innovation at the Bank of Ghana.

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